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Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Published 13 February 2025
Categorised as Finance News

Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’

Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.

Published 13 February 2025
Categorised as Finance News

Wholesale prices rose 0.4% in January, more than expected

The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets

Commerzbank announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany, as it unveiled a spate of new strategic targets.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

Barclays shares sink 5% as fourth-quarter profit hike and 2025 guidance fail to impress

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

British bank Barclays posts 2024 pretax profit hike, launches £1 billion share buyback

British bank Barclays posted a rise in full-year pre-tax profit that came in just ahead of analyst expectations, while also launching a £1 billion share buyback.

Published 13 February 2025
Categorised as Finance News

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